MANTA/USDT daily chart highlights a promising long-term trade setup with a strong bullish potential.
The chart shows an upward-sloping trendline that has been respected since the token’s inception. It serves as a crucial support level around $0.75–$0.80.
The price is consolidating near the trendline support, creating a low-risk entry zone for long positions. A rapid bounce off this zone could signal the start of a strong upward move.
The chart indicates a large, bullish arrow towards $4.00, suggesting a potential 4x move upon exiting this accumulation phase. The main resistance zones are near $1.50 and $2.50 before reaching the $4.00 target.
Risk Management:
If the price breaks below the trendline, it will invalidate the bullish setup, indicating caution.
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